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USPS Posts $2B Loss, Suspends Pensions, Secures Amazon Deal

5/9/2026

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Story summary
  • USPS reported a $2 billion loss for period ending March 31, 2026 and warned cash could run out February.
  • USPS will suspend pension contributions, saving $200 million biweekly, $2.5 billion September 30, 2026.
  • USPS will raise the Mail stamp to 82 cents on July 12, 2026 and maintain an 8% surcharge through Jan 17, 2027.
  • USPS struck a deal with Amazon for 1 billion packages a year, prompting Postmaster General David Steiner to urge Congress to expand borrowing authority.